Rule 31, Maharashtra Mines and Minerals (Development and Regulation) Act, 1957 (Appeals) Rules, 2015 [SAF-XDN]
As at 7 September 2026. In force from 12 February 2015.
Safe custody.—Every micro-insurance agent shall keep every cover note to which these rules apply in a receptacle or place reserved for the purpose at the premises where the distribution of micro-insurance products is carried on, shall record in Form IRDA-8 the description of every cover note so kept and the date on which it was received, and shall furnish a copy of the record to the Insurance Information Bureau within forty-five days of the close of each year.
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